Accountant

▶Accounts Receivable Management – Generate and issue invoices to customers in a timely manner, ensuring the accuracy and completeness of billing information. – Monitor and track outstanding receivables, following up with customers on overdue payments and resolving billing discrepancies. – Reconcile AR records with customer payments received, ensuring proper allocation and posting of payments to accounts. – Prepare ageing reports and analyse receivables ageing trends to identify potential issues and take proactive measures for collection. ▶ Accounts Payable Management – Review and verify invoices and expense reports for accuracy, completeness and compliance with company policies and procedures. – Process approved invoices for payment, ensuring timely and accurate disbursement of funds to vendors and suppliers. – Maintain vendor records and payment terms, addressing inquiries and discrepancies relating to vendor invoices or payments. – Reconcile AP accounts with vendor statements and resolve discrepancies to ensure accurate financial reporting. ▶ Cash Flow & Working Capital – Monitor cash flow projections based on AR and AP activity, identifying potential shortages or surpluses and recommending appropriate action. – Coordinate with internal departments to optimise cash flow timing, including adjustment of payment schedules and negotiation of favourable terms with vendors and customers. – Support working capital discipline by highlighting overdue balances, stretched payables and unusual movements to the Chief Accountant. ▶ Financial Reporting & Analysis – Prepare monthly, quarterly and annual financial reports related to AR and AP transactions, including ageing reports, reconciliation statements and cash flow forecasts. – Analyse AR and AP data to identify trends, patterns and areas for improvement in collection and payment processes. – Assist in the preparation of budget forecasts and variance analysis relating to AR and AP activity. – Ensure accurate and timely closing activity for the areas of responsibility within the monthly reporting calendar. ▶ Compliance, Documentation & Collaboration – Ensure compliance with accounting principles, standards and regulatory requirements governing AR and AP transactions. – Maintain accurate and up-to-date documentation of AR and AP processes, procedures and controls to support internal audits and external reporting requirements. – Collaborate with other departments, including Sales, Operations and Finance, to ensure AR and AP activity is aligned with overall business objectives and priorities. – Communicate effectively with internal stakeholders and external parties to address inquiries, resolve issues and facilitate seamless AR and AP transactions.

Desired Candidate Profile

Education

– Bachelor’s degree in Accounting, Finance or a related field.

▶ Certifications

– CPA, ACCA, CMA or an equivalent professional accounting certification preferred
– Formal SAP FI or equivalent ERP finance module training is an advantage.

▶ Experience

– Two to three years of accounting or finance experience, preferably within a corporate environment.

– Practical experience of accounts receivable and accounts payable processing, reconciliation and reporting.

– Exposure to month-end close, audit support and cash flow reporting.

▶ Skills & Attributes

– Strong knowledge of accounting principles and financial reporting.
– Proficiency in accounting software, in particular SAP, together with advanced MS Excel capability.
– Analytical thinking, attention to detail and sound problem-solving ability.

– Ability to manage deadlines and work independently within a defined reporting calendar. – Discretion and integrity in handling confidential financial information. – Fluency in English; Arabic and/or additional regional languages are an advantage.